Directors

Members of our board of directors may be elected by our directors or our shareholders. Currently, our board of directors consists of five directors. The following table sets forth information regarding our directors.

Directors

Position/Title

Dr. Biing-Seng Wu

Chairman, Founder of Himax

Jordan Wu

CEO, Founder of Himax

Yuan-Chuan Horng

Vice President Finance Division, China Steel Corporation

Dr. Yan-Kuin Su

President, Kun Shan University

Dr. Hsiung-Ku Chen

Consultant, Color Imaging Industry Promotion Office

Board Composition

Our board of directors currently consists of five members, three of whom will be independent directors within the meaning of Rule 5605 (a)(2) of the Nasdaq Stock Market, Inc. Marketplace Rules, or the Nasdaq Rules, as amended from time to time. Other than Dr. Biing-Seng Wu and Jordan Wu, who are brothers, there are no family relationships between any of our directors.